March 2017 US ADP employment report 263k vs 187k exp

Details from the March 2017 US ADP employment data report 5 April 2017

  • Prior 298k. Revised to 245k

  • Small businesses 118k vs 104k prior
  • Medium businesses 100k vs 122k prior
  • Large businesses 45k vs 72k prior
  • Goods producing 82k vs 106k prior
  • Service producing 181k vs 193k prior
  • Construction 49k vs 66k prior
  • Manufacturing 30k vs 32k prior
  • Trade, transport 34k vs 9k prior
  • Professional & Business 57k vs 66k prior
  • Financial activities 25k vs 4k prior
  • Leisure and hospitality 55k vs 40k prior

Another big beat from this indicator and the dollar has responded by breaking 111.00 to a high of 111.19.

That's probably going to ramp up the expectations for NFP on Friday so I'll keep an eye on those.

US ADP jobs

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